Debt Payoff Strategy Comparator
Compare the Snowball and Avalanche methods to pay off multiple debts fastest.
Avalanche: total interest
₹74,662
Snowball: total interest
₹80,402
The Avalanche method saves you ₹5,739 in interest compared to the Snowball method for your debts.
Strategy comparison
| Strategy | Months to payoff | Total interest |
|---|---|---|
| Avalanche (highest rate first) | 27 | ₹74,662 |
| Snowball (smallest balance first) | 28 | ₹80,402 |
How this calculator works
When you have multiple debts, the order in which you attack them with extra payments meaningfully affects both how fast you become debt-free and how much interest you pay in total. This calculator simulates both the Avalanche (highest rate first) and Snowball (smallest balance first) strategies side by side.
Worked example:with a ₹80,000 credit card (36%), a ₹3,00,000 personal loan (14%), and a ₹40,000 consumer loan (18%), putting ₹10,000/month extra toward payoff, the Avalanche method clears all debts in 27 months paying about ₹74,662 in interest — slightly faster and cheaper than Snowball's 28 months and ₹80,402 in interest.